Categories
Tips

Adding value to your home

We’ll start with extensions. If you do have access to a chunk of savings, or home improvement finance options, an extension is a great option. We have a full guide to extensions here, as there are so many options. From single storey to double storey, side, back or wraparound, the key to consider is what the extension will add to your home. Desirable features for buyers are often multiple bedrooms, an open plan kitchen-diner, and particularly in the current climate, office space. Think about why an extension would be appealing to your buyers. For example, if you live in a great school catchment, look at adding bedrooms to appeal to growing families.

If you don’t have the space to extend outwards, you may well have unused space ready and waiting above or below you. Loft and basement conversions are great options to use the empty space you have available and turn it into a functional extension of the home. Attic bedrooms are a great addition, adding thousands in value to your home, and extending the pool of potential buyers from couples looking for a 2 bed to growing families needing a good 3 bed home. There are of course considerations, such as roof height, access and light, but that’s where the experts come in. As with any alteration, it can be costly, but if you have a good sized space you think can turn from unused to functional, loft and basement conversions are definitely something to consider.

We’ll go down to some smaller, but still very impactful, updates you can make. Quality kitchens and bathrooms are pretty much always of interest to buyers. The kitchen to us is the heart of the home, and bringing it up to a better standard can seriously pay when it comes to the value of your home. According to the Royal Institute of Chartered Surveyors (RICS) a new kitchen or bathroom can add around 4% to the value of a property. As key areas of the home, a modern yet functional kitchen and bathroom is a key factor new buyers will look for, and can be done on a whole range of budgets.

This may seem simple, or may even be something you’ve overlooked, but if you don’t have double or triple glazing then get it done! Thermal upgrades are important for a significant number of homeowners, with double or triple glazed windows and doors seen as essential items, and not having these could really lower the value of your property. If you haven’t added these, along with roof and wall insulation, it’s something we’d definitely recommend looking into to add value to your home. Not only are they desirable features, but they’re key to reducing ever growing household bills.

Along with basic thermal upgrades to reduce bills, we believe more environmentally friendly choices will continue to soar in popularity among homeowners and prospective buyers. Solar panels and ground source heat pumps are just some of the improvements you can make, and whilst initially appearing costly, they can significantly reduce the costs associated with your home and increase the value of the property when you come to sell. There are a number of environmentally conscious materials coming to the fore in property and it’s definitely something for sellers and buyers to consider moving forward.  

As always, get in touch if you want to discuss your options. We’re brimming with ideas and offer a range of services from surveying to architectural design to really help you get the most out of your space.

Categories
Tips

Improving not moving

We’re spending more time at home than ever before, and you may be wondering if your current space is right for you.

Maybe you’ve been working from home and need more office space, or you have a growing family and want to make sure there’s enough space for everyone to have some peace and quiet.

Moving is of course an option, but often it may be better for you to stay where you are. Being near family, in a great area, in a good school catchment or just sticking with a home you love are incredibly important, and moving house can come with added stress and costs. That’s why a lot of homeowners find improving, not moving, is the best option and a great way to add value and create the perfect home for them.

At any stage, it’s important to invest in qualified advice and expertise, ensuring you make improvements that match the quality of the house you’ve already invested in and don’t leave you with issues to sort out later down the line.

We’ll talk you through some extension options, but we do offer architectural services so to discuss the perfect option for you, get in touch with us here.

The first, and arguably most common, option is a single storey extension to the rear or side of your house, perhaps creating a large open plan kitchen diner for the family to enjoy, adding an extra bathroom or creating a handy home office. A single storey extension could typically cost £25-35k*, but whilst also improving your home, will likely add significant value if you invest in the right improvements, so if you do come to sell or re-mortgage in the future, it will have more than paid for itself.

To maximise your living space even further, a wraparound extension is a fantastic option, utilising space to the side and rear of your house if you have it and creating much need extra ground space for the family. The typical cost of a wraparound extension is around £30-40k* so a big investment, but a worthwhile one to make the most of the space you have a create the perfect home for you.

If you have more to invest and want to transform your home and create even more space, a two storey extension could be the right choice for you. Typically costing from £30-60k*, it’s a big investment but will turn a house into a forever home and allow you to make the changes and additions you really want out of a property. Adding significant extra space could mean an open-plan living area, and extra bedroom and bathroom, and maybe an office (or home gym if you’re going all out).

If you want to add space and improvements but keep the costs slightly lower, a conservatory is a great option to give you more living space, and at an average £15-20k* is a cost efficient way to extend your kitchen and dining area, improving your home and adding value in the future.

There are of course other things to consider, such as conservation areas, permitted development, planning applications and party wall matters, but we’re here to help.  

We offer architectural and building surveying services to support you and provide expert advice every step of the way, so get in touch to discuss the options for you and your home, we’d love to chat.

*Prices are used as a guide and estimate but will vary based on individual circumstances such as size, materials used, labour costs and geography.